Malaysian Dam Attracts Suitors

Malaysia's controversial Bakun hydroelectric-dam project in Borneo is attracting would-be investors, including mining giant Rio Tinto, that are eyeing the dam as an inexpensive and stable source of power for an aluminum smelter.

The trouble-plagued nine billion ringgit ($2.4 billion) project, conceived in the early 1990s, still faces problems that could damp investor enthusiasm. Construction, slated for completion in 2007, is 18...